BCOM, Great earnings, and a 2 for 1 split . Message Board

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Non-Tech : BCOM, Great earnings, and a 2 for 1 split .

BCOM 2.160

+3.3%

Nov 16 4:00 PM EST

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To: Tadsamillionaire who wrote (178)	2/20/1999 7:23:00 PM
From: Mike Buckley	of 182

Tom, I feel BCOM is worth at least $25.00 per share. What do you base that on? The price that was paid is about 4.7 times book value. If that's not enough of a multiple, what do you think a competing acquirer would be willing to pay? At your price of $25.00, the acquirer would be paying 6 times book value. I'm no expert in bank stocks, but that's a multiple I've never heard of. --Mike Buckley

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